TORONTO, ONTARIO February 26, 2019 / Vanadium One Energy Corp. (the “Company”) (TSX-V: VONE), has retained the services of independent consultants CSA Global Pty Ltd (“CSA Global”), to assist in advancing the Company’s Mont Sorcier Magnetite Iron Ore and Vanadium Project, located in Chibougamau, Quebec. Under the terms of the contract, CSA Global will provide technical support, an initial mineral resource estimate and an NI 43-101 technical report for the Mont Sorcier Project. The Company expects to announce the results of this work in April, 2019.
Company CEO, Mr. Martin Walter stated, “the release of our NI 43-101 report defining our initial mineral resource estimate will be a milestone to confirm the historical data of the Company’s Magnetite Iron Ore and Vanadium Project at Mont Sorcier.”
Vanadium One is also pleased to announce that it will be an exhibitor at this year’s PDAC convention, to be held at the Metro Toronto Convention Centre, from March 3-6, 2019. The Management Team of the Company will be present, in Booth 2633, to meet with PDAC attendees. The Company invites all to come by the booth and meet the Team, to learn more about the Mont Sorcier Magnetite Iron Ore and Vanadium Project.
About Vanadium One Energy Corp.:
Vanadium One Energy Corp. is a mineral exploration company headquartered in Toronto, Canada. The Company is focused on advancing the Mont Sorcier, Vanadium-rich, Magnetite Project, in Chibougamau, Quebec. The goal is to define the extent of this resource and demonstrate its economic viability.
ON BEHALF OF THE BOARD OF DIRECTORS OF VANADIUM ONE ENERGY CORP.
Martin Walter, CEO
Rodney Ireland, Investor Relations
Cautionary Note Regarding Forward-Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains “forward-looking information” including statements with respect to the future exploration performance of the Company. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company’s filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader is cautioned not to place undue reliance on such forward-looking information.
SOURCE: VANADIUM ONE ENERGY CORP.
DATE: FEBRUARY 26, 2019